Toyota Pickup Truck Fans Just Got Some Exciting News
Toyota executives recently announced the company’s plans to add fully electric versions of pickup trucks to its line of electric and hybrid vehicles. The exact models aren’t confirmed but this is good news for lovers of midsize pickups who want to see electrified versions of cars like the Tacoma.
Hybrid and electric cars are more eco-friendly and can come with perks like cheaper insurance. You might be crossing your fingers, hoping your favorite car goes electric. Your wish may come true as more auto manufacturers introduce electrified versions of existing vehicles.
What is Toyota’s plan for electric vehicles?
MORE: How to Buy a Hybrid Car
According to Autotrader, Toyota plans to release 70 electrified vehicles by 2025. Fifteen of those will be fully electric. With the electric revolution in full swing, the company’s plans are a necessary step in its goal to remain the world’s largest vehicle manufacturer.
Toyota is not new to the vehicle electrification game. In 1997, the company led the world in electrification by releasing the Prius, the first mass-produced hybrid vehicle. Since then, Toyota has lagged behind other makers like Tesla and Volkswagen, the two companies currently leading in electric vehicle (EV) sales.
Maintaining reliability when going electric
Over the years, trucks like the Toyota Tacoma have developed an intensely loyal fanbase. This is one of the reasons Kelley Blue Book listed it as the vehicle with the fourth-best resale value on the market this year.
It regularly ranks within the top five midsize pickups by industry experts because of its safety equipment and off-road performance. This makes it one of the likely contenders to be electrified.
The Tacoma is one of the most dependable trucks available but is also known for having poor gas mileage. Fans will be eager to see which trucks go electric and if Toyota can maintain its reputation for reliability as it shifts to hybrid and electric energy sources.
The future of trucks appear to be electric
As mentioned by Autotrader, Toyota isn’t the only manufacturer with plans to offer electrified trucks. Ford already released its hybrid F-150, a fully electric F-150 coming down the pipeline.
Other companies are also ahead of Toyota in terms of developing fully electric trucks. Rivian is a newcomer with its R1T set for release this summer, and Tesla plans to offer their Cybertruck by 2022. GM is collecting pre-orders for its electric Hummer, which the company says will be available by 2023-2024.
With the industry trending toward a complete gas-to-electric transition, it’s no wonder Toyota plans to adapt its most popular pickup model for the future. They might have a strong grasp on the current market but the auto industry moves fast—especially now.
Toyota will have to keep up with its competitors in order to maintain its top position, and moving forward with EV development will be a key part in doing that.
Saving costs on an electric or hybrid car
If you’re thinking about buying an electric or hybrid vehicle, you might want to look into insurance costs on green vehicles. Either way, Jerry can help you save costs by comparing competitive rates.
Green vehicles might have higher car insurance premiums but shopping around with the free app can help you easily save money. Jerry will make sure you have the most affordable rate on an ongoing basis as electric and hybrid vehicles become more mainstream.